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global bankruptcy

United Nations Votes for Global Bankruptcy Principles (tags)

UN Vote Tuesday Could Create Global Bankruptcy Process, Deter Predatory Funds (tags)

The UN General Assembly votes Tuesday at 3pm (EDT) on a resolution that could create a global bankruptcy mechanism. Such a process could protect poor countries from predatory funds and limit future defaults. Jubilee USA's leadership, a group of religious leaders and financial experts sent a letter to United States UN Ambassador Samantha Power urging her to support the resolution.

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